Marks Wealth LLC Purchases New Holdings in iShares MSCI USA Value Factor ETF $VLUE

Marks Wealth LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 252,782 shares of the company’s stock, valued at approximately $34,563,000. iShares MSCI USA Value Factor ETF comprises about 11.6% of Marks Wealth LLC’s investment portfolio, making the stock its 4th largest holding. Marks Wealth LLC owned about 0.43% of iShares MSCI USA Value Factor ETF as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Diversified Enterprises LLC grew its holdings in iShares MSCI USA Value Factor ETF by 2.4% during the 4th quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock valued at $442,000 after purchasing an additional 75 shares during the last quarter. Eagle Strategies LLC grew its holdings in iShares MSCI USA Value Factor ETF by 0.5% during the 3rd quarter. Eagle Strategies LLC now owns 18,576 shares of the company’s stock valued at $2,323,000 after purchasing an additional 87 shares during the last quarter. Apex Wealth Management LLC grew its holdings in iShares MSCI USA Value Factor ETF by 0.5% during the 3rd quarter. Apex Wealth Management LLC now owns 19,458 shares of the company’s stock valued at $2,433,000 after purchasing an additional 103 shares during the last quarter. Comerica Bank grew its holdings in iShares MSCI USA Value Factor ETF by 0.8% during the 3rd quarter. Comerica Bank now owns 12,753 shares of the company’s stock valued at $1,595,000 after purchasing an additional 104 shares during the last quarter. Finally, Smithfield Trust Co grew its holdings in iShares MSCI USA Value Factor ETF by 4.3% during the 3rd quarter. Smithfield Trust Co now owns 2,542 shares of the company’s stock valued at $318,000 after purchasing an additional 105 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $168.31 on Monday. The company has a market capitalization of $9.92 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $103.02 and a 12 month high of $169.20. The firm’s 50-day moving average is $150.31 and its 200 day moving average is $142.27.

iShares MSCI USA Value Factor ETF Company Profile

The iShares MSCI USA Value Factor ETF (VLUE) is an exchange-traded fund that is based on the MSCI USA Enhanced Value index. The fund tracks an index of large- and mid-cap US equities. Stocks are selected and weighted using fundamental metrics (earnings, revenue, book value and cash earnings), aiming for exposure to undervalued stocks in each sector. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.